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MEC COMPANY, Jan-Mar (1Q) Ordinary Profit Decreases by 6%
4971 MEC COMPANY LTD. 【J-GAAP】
Earnings ReportMEC COMPANY LTD. <4971> [TSE Prime] announced its financial results after the market closed on May 12th (15:30). The consolidated ordinary profit for the first quarter of the fiscal year ending December 2025 (January to March) decreased 6.4% from the same period last year to 1.05 billion yen. The progress rate toward the plan for the six months ending June (1H) of 2.3 billion yen was 46.0%, which was higher than the five-year average of 41.5%.
In the most recent three-month period, from January to March (1Q), the operating profit margin rose from 24.2% in the same period last year to 24.7%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2023 | 2,765 | 168 | 223 | 82 | 4.3 | 22.2 | May 10, 2023 | J-GAAP |
| Jan - Mar, 2024 | 4,354 | 1,053 | 1,132 | 779 | 41.6 | 42.9 | May 10, 2024 | J-GAAP |
| Jan - Mar, 2025 | 4,423 | 1,093 | 1,059 | 476 | 25.4 | 46.0 | May 12, 2025 | J-GAAP |
| YoY | +1.6% | +3.8% | -6.4% | -38.9% | -38.9% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2024 | 8,882 | 2,362 | 2,641 | 1,890 | 101.0 | 20 | Aug 8, 2024 | J-GAAP |
| Jan - Jun, 2025 Guidance | 9,600 | 2,250 | 2,300 | 1,450 | 78.3 | 25 | Feb 14, 2025 | J-GAAP |
| YoY | +8.1% | -4.7% | -12.9% | -23.3% | -22.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 14,020 | 2,492 | 2,683 | 2,304 | 122.3 | 45 | Feb 14, 2024 | J-GAAP |
| Dec, 2024 | 18,234 | 4,562 | 4,682 | 2,291 | 122.4 | 45 | Feb 14, 2025 | J-GAAP |
| Dec, 2025 Guidance | 20,000 | 5,000 | 5,100 | 3,600 | 197.1 | 55 | Feb 14, 2025 | J-GAAP |
| YoY | +9.7% | +9.6% | +8.9% | +57.1% | +61.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 4,354 | 1,053 | 1,132 | 779 | 41.6 | 24.2 | May 10, 2024 | J-GAAP |
| Apr - Jun, 2024 | 4,528 | 1,309 | 1,509 | 1,111 | 59.4 | 28.9 | Aug 8, 2024 | J-GAAP |
| Jul - Sep, 2024 | 4,800 | 1,287 | 1,059 | 737 | 39.4 | 26.8 | Nov 11, 2024 | J-GAAP |
| Oct - Dec, 2024 | 4,552 | 913 | 982 | -336 | -18.0 | 20.1 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 4,423 | 1,093 | 1,059 | 476 | 25.4 | 24.7 | May 12, 2025 | J-GAAP |
| YoY | +1.6% | +3.8% | -6.4% | -38.9% | -38.9% |
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